Sackler family members who own the company boost cash contribution to as much as $6bn
Purdue Pharma, the makers of OxyContin, have reached a settlement over its role in the US’s deadly opioid crisis that includes US states and thousands of local governments, with the Sackler family members who own the company boosting their cash contribution to as much as $6bn.
The deal follows an earlier settlement that had been appealed by eight states and the District of Columbia. They agreed to sign on after the Sacklers kicked in more cash and accepted other terms, including apologizing. In exchange, the family would be protected from civil lawsuits. Continue reading...
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